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Generative AI: A global guide to key IP considerations
Artificial intelligence (AI) raises many intellectual property (IP) issues.
On 30th May 2022 it will have been 25 years since the Model Law on Cross-Border Insolvency (Model Law) was adopted by the United Nations Commission on International Trade Law with the intention of facilitating cross-border insolvencies more effectively and efficiently. Since then, the Model Law has been adopted in only 50 jurisdictions.
Fortunately, Canada is one such jurisdiction, the Model Law having been adopted in 2009. Commonly referred to as “Part IV” (as a result of the provisions comprising “Part IV” of the Companies’ Creditors Arrangement Act (CCAA)), the new Model Law provisions replaced what was previously Section 18.6 of the CCAA. Although Section 18.6 had long been used for purposes of foreign recognition, the enactment of Part IV has further facilitated and streamlined the restructuring of several multinational businesses and has become an important and useful tool when considering the restructuring of an international corporate group.
While closely based on the Model Law, Part IV features a number of distinguishing factors as well as accepted (and expected) practices that made Part IV uniquely Canadian. Some of the highlights are set out below.
We are extremely fortunate in Canada to have sophisticated commercial courts that hear matters relating to corporate restructurings. The provisions of Part IV have helped further codify the court’s broad jurisdiction to exercise comity and grant extensive and creative relief if available where the circumstances warrant. While principles of comity and legislative provisions regarding foreign proceedings existed well prior to the Model Law’s adoption in Canada, there is no doubt that adopting these provisions has assisted in further facilitating international restructuring and provided a degree of predictability and certainty for foreign debtors, creditors and other interested parties.
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Artificial intelligence (AI) raises many intellectual property (IP) issues.
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The UK remains a world leader in offshore wind, accounting for roughly 20 percent of global offshore wind capacity, with 11.3 GW operational. It is forecast that installed capacity will rise to 19.5 GW by mid 2020s.
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On 21 May 2024, the European Council (or Council) adopted the so-called ‘Hydrogen and decarbonised gas market package’ (the Gas Package). The package contains a recast of the 715/2009 gas regulation (Gas Regulation) and a recast of the 2009/73 gas directive (Gas Directive) aimed at reforming the existing EU regulatory framework to support the deployment of renewable and low-carbon gases, in particular hydrogen. As such, it represents a major development in the EU gas market.
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